CNH Industrial (CNH)
NYSE:CNH
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Earnings Data
Report Date
Jul 30, 2026TBA (Confirmed)
Period Ending
2026 (Q2)Consensus EPS Forecast
0.11Last Year’s EPS
0.17Same Quarter Last Year
Moderate Buy
Based on 10 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Neutral
The call presented a mixed picture: management executed disciplined operational moves (inventory control, production discipline, manufacturing cost projects, tech rollouts) and reaffirmed guidance, with solid order coverage and regional product momentum (notably EMEA). However, significant headwinds — including tariff changes (materially increasing construction margin pressure), steep weakness in South America (-28% sales), compressed agricultural margins (ag EBIT margin down to 1%), an industrial EBIT loss of $45M, a large Q1 industrial cash outflow ($569M), and Financial Services credit strain in Brazil — materially offset many positives. Given the comparable weight of constructive operational progress and persistent, material macro and tariff-driven challenges, the overall tone is balanced but cautious.Company Guidance
Consolidated Revenue Stability
Consolidated revenues of $3.8 billion were flat year-over-year, including ~4% positive currency translation, in line with company guidance.
Agriculture Sales and Regional Strength
Agriculture Q1 net sales ~ $2.6 billion, up 1% YoY (including +4% currency). Strong EMEA performance (+20% YoY) and modest North America resilience (down 3% YoY).
Disciplined Inventory and Production Management
Production was intentionally kept low to manage channel inventories; dealer inventories were flat in Q1 by design with a plan to reduce dealer inventories by approximately $500 million during the year.
Operational Improvements and Cost Savings
About 1,400 manufacturing projects executed last year produced $45 million of savings; example automation (fiber laser) delivered a 52% throughput improvement and quality benefits at a Fargo plant.
Digital/Tech Deployment at Dealers
AI-powered 'tech assist' rolled out at ~70% of dealer locations to accelerate diagnostics and parts identification, advancing the iron-tech integration strategy.
Order Book and Near-Term Demand Visibility
Q2 is fully booked and the company reports healthy Q3 coverage while remaining disciplined on production loading; agriculture net sales expected to be ~flat in Q2 year-over-year.
Reaffirmed Full-Year Guidance
Reaffirmed 2026 industrial net sales guidance of flat to down 4% and industrial EBIT margin guidance of 2.5%–3.5%; industrial free cash flow target $150M–$350M and adjusted EPS guidance $0.35–$0.45.
Share Repurchase Activity
Management announced repurchases during the first 3 months of 2026 (stated in the call as $26 billion repurchased at an average price of ~$10.70 per share).
CNH Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
CNH Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Apr 30, 2026 | $10.08 | $10.71 | +6.25% |
Feb 17, 2026 | $12.75 | $13.09 | +2.67% |
Nov 07, 2025 | $10.26 | $9.66 | -5.85% |
Aug 01, 2025 | $12.96 | $12.47 | -3.78% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does CNH Industrial (CNH) report earnings?
CNH Industrial (CNH) is schdueled to report earning on Jul 30, 2026, TBA (Confirmed).
What is CNH Industrial (CNH) earnings time?
CNH Industrial (CNH) earnings time is at Jul 30, 2026, TBA (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is CNH EPS forecast?
CNH EPS forecast for the fiscal quarter 2026 (Q2) is 0.11.